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RFID supplier plans $120M IPO

Posted: 18 Apr 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Dylan McGrath?

RFID supplier Alien Technology Corp. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of approximately $120 million worth of common stock, the company disclosed last week.

Alien has received more than $200 million in eight rounds of venture capital, including a $66 million round last Julythe single largest venture capital funding round that EE Times has recorded since the creation of the EE Times Venture Capital Counter in January 2004.

According to the company, Bear, Stearns & Co. Inc. is acting as book-running manager for the offering with Cowen & Co., Robert W. Baird & Co. and Advanced Equities Inc. acting as co-managers for the offering.

- Dylan McGrath
EE Times




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